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IP law in Lithuania
On 26 September the Geneva Act of the Hague Agreement Concerning the International Registration of Industrial Designs came into force in Lithuania. According to this Act the protection of design in other countries shall become easier and cheaper for Lithuanian companies.
The Hague Agreement is an international system of registration, giving the possibility to have a design protected in several countries and intergovernmental organizations, which have joined this Agreement (28 contracting parties, including the European Union), through the national patent office, i.e. State Patent Bureau or directly by filing one application with the International Bureau of WIPO, in one language, with one set of fees in one currency. Thus Lithuanian applicants are permitted to get the wide protection of their design in the territories of countries which have joined the Hague System faster and easier. Moreover, favorable conditions have been created for the activities of the foreign investors and investments in Lithuania."
For more information please visit www.ssj.lt